Over 150 Zensarians got awards today and the exuberance in the audience was truly inspirational. India's future is with the youth and there is an abundance of that in our industry !
Thursday, 15 December 2011
Business and life
The rupee keeps hurtling to new depths and there is no sign of an immediate resolution to India and the world's economic crises. In this context the IT industry can heave a temporary sigh of relief at the strong dollar but needs to be wary about 2012.
Does anybody here have suggestions - for NASSCOM, companies or even IT leadership ?
Does anybody here have suggestions - for NASSCOM, companies or even IT leadership ?
Tuesday, 29 November 2011
The state of the industry today
The Information Tecyhnology industry in India is again at the cross roads. Government support seems to be dwindling, the ugle specter of protectionism is rearing its head in key Western markets and input costs have been rising faster than pricing.
However the non-linear growth model adopted by many companies and the transition from a pure services to solutions based industry will serve us well in the years to come
What is missing is a comprehensive approach to build an eco-system of support for the products industry. That should be the next focus area - for the industry and for NASSCOM
However the non-linear growth model adopted by many companies and the transition from a pure services to solutions based industry will serve us well in the years to come
What is missing is a comprehensive approach to build an eco-system of support for the products industry. That should be the next focus area - for the industry and for NASSCOM
New challenges for the Indian IT sector
It never seems to end - the Euro crisis, continuing unemployment and a divisive election coming up in the US and of course disruptive Indian politics. The rupee seems to be the only factor in our favour. But this industry has a lot going for it and will prevail
Friday, 19 August 2011
Interesting times
The Indian business scenario is getting increasingly murky. The decline and recessionary trends in the global economy are worrying enough and the weak growth of the capital goods sector in the country does not bode well for economic robustness. Add to that the complex Lokpal issue and the Anna Hazare stand-off and I do not see too much hope of a robust business environment anytime soon.
In all this the IT sector is committed to grow 20 percent this year. It will still happen and Zensar will grow 40 % !
Ganesh
In all this the IT sector is committed to grow 20 percent this year. It will still happen and Zensar will grow 40 % !
Ganesh
Thursday, 19 May 2011
New financial year, new challenges and opportunities
Its been a mixed bag of results for the IT sector. Markets are recovering but slowly and it will need a differentiated value proposition for companies to grow substantially this year. And with rising costs, managing profits will be a challenge too
Zensar is targeting 40 % growth in this environment. Fortune favours the bold !
Ganesh
Zensar is targeting 40 % growth in this environment. Fortune favours the bold !
Ganesh
Sunday, 2 January 2011
An exciting 2011 ahead for IT folks
Happy New Year is a cliche but for 2011 it does seem that all the signals are good - the rampaging growth of the Indian economy and the revival of global markets seem to point to high teens or even twenty percent plus growth for the IT sector in 2001-12.
So what could go wrong to spoil the party ? We could miss key trends like cloud computing and be inadequately prepared for the structuarl changes that are expected to happen. We could unwittingly let competitors like China Philippines and Eastern Europe who are nipping at our heels take away some of the shine from our outsourcing leadership. Or we could just be stymied by the unrealistic expectations of our young associates who could drive salaries up the wall and make the industry uncompetitive ?
Do I think any of this can be a real dampener on industry fortuns ? Not really - many of us running companies have been through multiple cycles before and know what to do to steeer the corporate ships thru stormy waters. And some of the new initiatives that we have undertake at CII and NASSCOM -the Inclusive India agenda and the Aman ki Asha collaboration with Pakistani firms are just two of those - will strengthen our value proposition and expand the width and increase the depth of the industry in 2011
Its going to be an exciting journey in 2011 - enjoy the ride !
Ganesh
So what could go wrong to spoil the party ? We could miss key trends like cloud computing and be inadequately prepared for the structuarl changes that are expected to happen. We could unwittingly let competitors like China Philippines and Eastern Europe who are nipping at our heels take away some of the shine from our outsourcing leadership. Or we could just be stymied by the unrealistic expectations of our young associates who could drive salaries up the wall and make the industry uncompetitive ?
Do I think any of this can be a real dampener on industry fortuns ? Not really - many of us running companies have been through multiple cycles before and know what to do to steeer the corporate ships thru stormy waters. And some of the new initiatives that we have undertake at CII and NASSCOM -the Inclusive India agenda and the Aman ki Asha collaboration with Pakistani firms are just two of those - will strengthen our value proposition and expand the width and increase the depth of the industry in 2011
Its going to be an exciting journey in 2011 - enjoy the ride !
Ganesh
